2,132 karma · joined December 8, 2010
How honest do the too-good-to-be-true LinkedIN broetry stories look to you?
Isn't this statement self-contradictory?
Is it professional for the management to run a project in such a way that it happens to be a slow-motion train wreck?
Be careful with your expectations to become rich in software if you have written zero lines of code (HTML doesn't count) at this point. You may hear about six-figure salaries and lamentations on the supposed developer shortage. However getting from zero lines of code to six figure SV salary (or even any kind of paid developer position) will be a significant challenge, especially if you don't have an intrinsic motivation to do technical work. Software is a bit of gold rush right now and extrinsic motivation can only take you so far when you try to practice dry-as-fuck theoretical CS puzzles in order to pass the interview, or when debugging a gnarly bug.
Lastly, employment is not that good of a way to become wealthy, as it entails making money on someone else's terms. It is in their best interest to pay you as little money as they can get away with. On the other hand, being self-employed enables you to offer your work to market on your own terms, at the price you decide. There's no upper (or lower) bound on how much you can make.
Now this enables you to perform basic calculations on how long your savings will last. If you spend 1000 monetary units per month, 12k monetary units will last you entire year, and so on. Base your budget on burn rate that gives you balance between comfort and frugality.
Do a financial review every month. Look into how much you are spending for each category of expenses and see if it can be reasonably reduced. Are you within budget? Also recalculate runway duration that your stash of personal savings converts into. Calculate the date of your money running out under your current burn rate if you made zero new money. Write all of this down to keep track of your financial situation during the year.
Avoid taking out money out of your new company until you reach the point of being able to do so without hurting the business. Keep your personal funds separate from business funds even if you are the sole owner of your startup.
> CSAM Detection enables Apple to accurately identify and report iCloud users who store known Child Sexual Abuse Material (CSAM) in their iCloud Photos accounts.
[0] https://www.apple.com/child-safety/pdf/CSAM_Detection_Techni...